Belonging to two of the most well-known Indian business families, Anant Ambani and Radhika Merchant are a power couple that got engaged in an elaborate ceremony in Mumbai on January 19, 2023. Their Roka happened on December 29, 2022, at Rajasthan’s Shrinathji Temple, and this lovely betrothed couple has been winning our hearts since then.
Anant Ambani and Radhika Merchant’s post-Roka celebration happened at their family home, Antilia, in Mumbai, and this party was graced by several Bollywood sensations like Alia Bhatt, Ranbir Kapoor, Shah Rukh Khan, Janhvi Kapoor and Ranveer Singh. Anant and Radhika come from two of the richest families and hence, their net worth is quite massive. If you're wondering about the exact figure, read on to find more on Anant Ambani and Radhika Merchant's net worth.
Anant Ambani's background
The youngest son of Mukesh and Nita Ambani, Anant Ambani has been an important member of Reliance business since 2020. He graduated from Brown University and initially started as a director on the Jio Platforms board. He was later appointed as a member of Reliance Retail Ventures in May 2022. Anant also leads Reliance’s energy businesses, which aim to achieve zero emissions by 2035.
Anant and his siblings Isha and Akash were reportedly appointed as members of the board of directors of Reliance Industries in 2023. While Nita Ambani received a salary of Rs 6 lakh and an annual profit-based commission of Rs 2 crore in 2022-23, Anant and siblings are reportedly to only enjoy the BOD status initially without the salary.
Radhika Merchant's background
Daughter of Shaila and Viren Merchant (the CEO and Founder of Encore Healthcare - one of India’s leading pharmaceutical companies), Radhika Merchant and her sister Anjali Merchant are the official heirs of their father’s Rs 2,000 crore Encore empire. Viren Merchant has an estimated net worth of Rs 755 crore, and his wife, Shaila Merchant, is currently the Managing Director of Encore Healthcare.
Radhika Merchant went to Cathedral and John Connon Schools and École Mondiale World School in Mumbai. She earned a degree in politics and economics from New York University and started her professional journey with a consulting firm called Desai & Diwanji. She then worked as a junior sales manager for the Mumbai-based real estate company Isprava. You might be surprised to know that Radhika is also a trained Indian classical dancer, and Mukesh and Nita Ambani hosted her Arangetram ceremony at Jio World Centre in Mumbai.
Anant Ambani's net-worth
Although it's not clear as to how much of the Ambani wealth is Anant Ambani’s share, he is certainly a multi-billionaire considering the pivotal role he plays in Reliance Industries. When the sibling trio joined Reliance Industries in October 2023, it was said that they would serve as non-executive directors who would only be paid a sitting fee and commission on the firm’s profits. Once they reach the board of directors level, their salary would be the same as their mother. Reports indicate that Nita Ambani received a salary of Rs 6 lakh and an annual profit share of Rs 2 crore in 2022-23. Anant likely draws the same as part of the board package.
Mukesh Ambani is the 11th richest man in the world (as of January 18, 2024), with a net worth of over $100 billion. Reliance Industries is one of the thriving Indian companies with a market capital of Rs 18.51 lakh crore. The enormous family wealth surely indicates an impressive Anant Ambani net worth. Reportedly, Anant Ambani's net worth is around $40 billion; however, this is a mere speculation.
Radhika Merchant's net worth
Radhika Merchant’s father's empire of Encore Healthcare is valued at Rs 2,000 crore, and though Radhika Merchant's net worth cannot be ascertained for sure, she and her sister Anjali are the official heirs to their father's glorious business and net worth. Radhika currently works as the director on the board of Encore Healthcare. Radhika Merchant's net worth is speculated to be somewhere between Rs 8-10 crore.